ResultsIQ

ResultsIQ › Latest results › VARVEE GLOBAL LIMITED

VARVEE GLOBAL LIMITED Q3 FY26 results press release summary

NSE: VGL · BSE: 514274

Results press release of 13 Feb 2026, summarised by AI from the filing.

Varvee Global Q3 FY26 revenue ₹1,213.59 lakh (+104.30% YoY) and 9M EBITDA turnaround to ₹1,125.49 lakh.

Key takeaways

  1. 9M EBITDA 9M EBITDA turnaround to ₹1,125.49 lakh vs a loss of ₹3,820.25 lakh in the prior-year period.
  2. Capacity target Management targets 50 lakh meters per month for Non-Denim fabrics, with 18 lakh meters per month as the first step.
  3. Credit rating India Ratings assigned 'IND BB/Positive' issuer rating on January 28, 2026, after Infomerics withdrew the legacy 'IVR D' rating.
  4. Gross margin 9M gross margin of 84.49%, a turnaround from a negative margin last year, driven by shift to Non-Denim Shirtings and Suitings.
  5. Q3 EBITDA Q3 EBITDA remains slightly negative due to timing and reinvestment.

Original filing on BSE

VARVEE GLOBAL LIMITED Q1 FY27 results

As filed: Revenue ₹8.3 cr, EBITDA −₹6.9 cr, PAT −₹6.6 cr, EBITDA margin -83.1%.

Not scored. Too small to score: quarter revenue ₹8.3 cr is below the ₹20.0 cr minimum. On a base this small, percentage changes say little.

Earlier results and the share price after them

  • Q4 FY26: Revenue ₹23.4 cr, EBITDA −₹5.9 cr, PAT −₹28.6 cr, EBITDA margin -25.2%. Not scored. No result for the same quarter last year. Share price after the results: −6.1% in 29 days (Nifty 500: +0.6%).
  • Q3 FY26: Revenue ₹12.1 cr, EBITDA −₹1.5 cr, PAT ₹5.4 cr, EBITDA margin -12.1%. Not scored. Too small to score: quarter revenue ₹12.1 cr is below the ₹20.0 cr minimum. On a base this small, percentage changes say little. Share price after the results: −55.9% in 28 days (Nifty 500: −8.2%).
  • Q2 FY26: Revenue ₹28.0 cr, EBITDA ₹15.0 cr, PAT ₹10.0 cr, EBITDA margin 53.6%. Not scored. No result for the same quarter last year. Share price after the results: −3.7% in 30 days (Nifty 500: −0.5%).

Past price moves after results do not indicate future moves. Not a recommendation.

VARVEE GLOBAL LIMITED earnings call, investor presentation and press release summaries

Figures from the company's filings with NSE and BSE. Not investment advice.